3.0.0
3014
2024-10-26T08:05:33Z
2024-10-26T08:05:33Z
House
H
HR
2023-04-28
118
[Congressional Record Volume 169, Number 72 (Friday, April 28, 2023)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. LaHOOD:H.R. 3014.Congress has the power to enact this legislation pursuantto the following:U.S. Constitution Article I, Section 8, Clause 1: ``Thecongress shall have Power to lay and collect Taxes . . .''The single subject of this legislation is:To establish a system for the taxation of catastrophic risktransfer companies to ensure sufficient capital to covercatastrophic --insurance losses.[Page H2120]
- hsju00
Judiciary Committee
House
Standing
  - Referred to
2023-04-28T13:03:35Z
- hswm00
Ways and Means Committee
House
Standing
  - Referred to
2023-04-28T13:03:30Z
- 2023-04-28
Referred to the Committee on Ways and Means, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
IntroReferral
H11100
2
House floor actions
  - hsju00
Judiciary Committee
- 2023-04-28
Referred to the Committee on Ways and Means, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
IntroReferral
H11100
2
House floor actions
  - hswm00
Ways and Means Committee
- 2023-04-28
Introduced in House
IntroReferral
Intro-H
9
Library of Congress
- 2023-04-28
Introduced in House
IntroReferral
1000
9
Library of Congress
- L000585
Rep. LaHood, Darin [R-IL-16]
Darin
LaHood
R
IL
16
N
- H001047
Rep. Himes, James A. [D-CT-4]
James
Himes
D
CT
A.
4
2023-04-28
True
- L000569
Rep. Luetkemeyer, Blaine [R-MO-3]
Blaine
Luetkemeyer
R
MO
3
2023-05-25
False
- S001190
Rep. Schneider, Bradley Scott [D-IL-10]
Bradley
Schneider
D
IL
Scott
10
2023-05-25
False
- P000613
Rep. Panetta, Jimmy [D-CA-19]
Jimmy
Panetta
D
CA
19
2023-05-25
False
- S001214
Rep. Steube, W. Gregory [R-FL-17]
W.
Steube
R
FL
Gregory
17
2023-06-13
False
- M001205
Rep. Miller, Carol D. [R-WV-1]
Carol
Miller
R
WV
D.
1
2023-12-01
False
- S001135
Rep. Steel, Michelle [R-CA-45]
Michelle
Steel
R
CA
45
2024-01-31
False
- P000620
Rep. Pettersen, Brittany [D-CO-7]
Brittany
Pettersen
D
CO
7
2024-06-25
False
- L000557
Rep. Larson, John B. [D-CT-1]
John
Larson
D
CT
B.
1
2024-06-26
False
- C001126
Rep. Carey, Mike [R-OH-15]
Mike
Carey
R
OH
15
2024-07-30
False
- N000194
Rep. Nickel, Wiley [D-NC-13]
Wiley
Nickel
D
NC
13
2024-10-25
False
Taxation
Taxation
2023-06-13T18:00:25Z
00
2023-04-28
Introduced in House
2023-06-29T20:02:48Z
Catastrophic Risk Transfer Act of 2023 or the CART Act of 2023
This bill establishes a system for the taxation of catastrophic risk transfer companies and their security holders to ensure sufficient capital to cover catastrophic insurance losses. The bill defines catastrophic risk as a risk of loss that has a low likelihood of occurring but that would be large in amount.
The bill defines catastrophic risk transfer company as any domestic corporation created and regulated under state law with the purpose of entering into one or more insurance or reinsurance agreements covering catastrophic risk.

CART Act of 2023
- Display Title
45

CART Act of 2023
2024-07-24T15:21:51Z
- Short Title(s) as Introduced
101

CART Act of 2023
2024-05-24T13:39:19Z
Introduced in House
IH
- Short Title(s) as Introduced
101

Catastrophic Risk Transfer Act of 2023
2024-05-24T13:39:19Z
Introduced in House
IH
- Official Title as Introduced
6

To amend the Internal Revenue Code of 1986 to establish a system for the taxation of catastrophic risk transfer companies to ensure sufficient capital to cover catastrophic insurance losses, and for other purposes.
2024-03-18T20:42:57Z
Introduced in House
IH
- Introduced in House
2023-04-28T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr3014ih/xml/BILLS-118hr3014ih.xml
2023-04-28
Referred to the Committee on Ways and Means, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
text/xml
EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
Congressional Research Service, Library of Congress
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